Plot on corner of Premier Road and Mooragh Promenade, Ramsey
studio Flat
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Property description
Positioned in one of the Isle of Man's most sought-after coastal locations, this prime development site on Mooragh Promenade offers breathtaking, uninterrupted views over Ramsey Bay and is just a short stroll from the vibrant heart of Ramsey town centre with its array of shops, cafes, and local amenities.This is a rare and exciting opportunity to acquire a generous 0.50 acre plot with planning permission in place for the construction of eight elegant townhouses, thoughtfully designed to make the most of the stunning seafront setting. The approved scheme, under Planning Permission 22/01340/B (valid until August 2028), allows for the creation of six spacious four-bedroom homes and two stylish three-bedroom properties, each with private garaging, landscaped surroundings, and parking.The location is unrivalled - a blend of coastal serenity and urban convenience - making it ideally suited for high quality residential development in an area where demand for modern, well-located homes continues to grow.With planning already secured and the groundwork laid for a landmark residential scheme, this is an exceptional chance for developers or investors to create something truly special on the island's picturesque northern coastline.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Plot on corner of Premier Road and Mooragh Promenade, Ramsey - Streetview
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